Gatehouse completes sale of data centre for £28.1 million
LONDON, 16 December, 2015: Gatehouse Bank plc (“Gatehouse”), the London-based investment bank is pleased to announce the sale of a data centre located in the South East of England to clients of AXA Investment Managers - Real Assets. Gatehouse acquired the data centre in 2011. Since acquisition, the asset has provided investors with an attractive yield and a profitable exit.
Abdulaziz AlDuweesh, Chief Investment Officer said “Consistent with our approach, we entered the market for data centres ahead of others. Today, this is a well-accepted asset class, and the market for well-let data centres is strong. We are pleased to provide investors with an excellent return on their investment.” He added: “This transaction is the latest in a series of successful exits for our investors. The data centre is one of many unique investment opportunities which we have provided to our clients. Gatehouse’s reputation for high-quality investments is well-earned. We remain excited about the opportunities before us and look forward to a number of other positive announcements around our investment activity in the coming months.”
Gatehouse was advised by DTZ in this transaction.
LONDON, 28 March, 2017: Gatehouse Bank plc (“Gatehouse”), the London-based investment bank, is pleased to announce the completion of its initial £100m Private Rented Sector (“PRS”) scheme in partnership with Sigma Capital, the residential and urban regeneration specialist.
LONDON, 9 February, 2017: Gatehouse Bank plc (“Gatehouse” or the “Bank”), the London-based investment bank, is pleased to announce that Charles Haresnape will join the Bank as Chief Executive Officer.
LONDON, 28 April, 2016: The Minister of State at the Foreign and Commonwealth Office, The Rt Hon Hugo Swire MP, made an official visit to Manchester this week, to view one of Gatehouse Bank’s (“Gatehouse”) Private Rented Sector (“PRS”) development sites, which will provide up to 1000 homes across the North West Region of private rented homes to the area. The Rt Hon Hugo Swire MP was accompanied by Gatehouse’s senior management, including their Chief Investment Officer, Abdulaziz AlDuweesh.